Do You Always have Plan B?

je humary pass plan B hona chhaye kion ke ye kafi risky business hia jis main ksi be waqt loss ho jata hai is liy humain apny pas plan B hona chhaye ta ke hum apny loss ko profit main badal lain ya jaisy be hai loss se bach jain

thanks job.Yes I do have a plan B which means a different strategy in case a trade goes wrong or there are uncertain market conditions or during times when trend is not clear.So a trader should have another plan in mind in case of an emergency.For example one can use Hedging in case of a bad trade or uncertain market conditions.nice job.

I think with out plane we have no run any business because planning is each and every business is very important and each and every time required so i have complete planning in forex trading..

i think hedging is a good strategy but see market situation first then apply it then you have an idea if trend is changing close your current position create a new position where trend is going you can get good profit to doing this

it's true one strategy who works on a few pairs and never fit for those. therefore we invariably take choice 2 or 3. oor yeh bhi nahi hota k jo strategy kisi combine per sensible result dairahi hai oor wo her waqat uss per hi kaam kerti hai therefore meray khayal se her trader ko 2 se 3 strategy ko istamaal kerna chaiyay. buray waqat mein kaam aah jaiti hain.

her forex traders ke ley plan B buhat hi achi cheez hai or is se wo buhat help le sekte hain kiyon keh jab ham forex men trading se loss khaty hain to phir ye haimain acha work ker k acha profit kama sekte hain.

When you set goals for yourself, you must realize that you have an obligation to yourself to accomplish the goals and hence you need to be very serious. Know that you shall henceforth live in a new world of hard work, self discipline and self-guidance. Carry out a thorough evaluation to change your old ways and adopt new ones that will lead you to achieve success in whatever field.

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Quite a lot of people go for their pursuit to achieve success in the wrong fashion. They all seem to think that one only needs to be hard working but they are wrong. Somebody who is zealous and industrious also needs to have self discipline. It is very vital that one stick to their plan and thus be committed to their cause up to the last minute. One should never be subdued by challenges nor be allured by the temptations that come along

ou hold the key to your destiny and therefore you must open the door to your life using it. Take practical action by taking that elusive first step which, as simple as it may sound, holds the key to achieve success. They say that work is only that which one has not been started. Otherwise, if you keep postponing your project, you will finally end up not doing it at all. You must be very focused and disciplined. Stick to your goals and sacrifice what is of lesser importance so that you get positive results.

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Originally Posted by shahzad0able

I often wonder while trading if something goes wrong with my strategy there have to be something that is should adopt to lessened my losses. So, I've come up with this question that Do you guys (traders) have a plan b ?
I have a plan B and its called Hedging. I use it when my trades go against my plan A. It does not protect you from losses but it can maintain your loss at a certain level. You can think of many and select the one that suits you best. Share your plan B.

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Hedging its not suitable for me..If plan A does not work, my plan B is no trade. why? because I think too much trading plan, can be bad, such as dissatisfaction aka greed and always push yourself to re-enter the market .. it is my opinion my friend ..:peace:

YES,we should always have a plane B because if you plane A will fail then what you will you do? There for always have a plane B when your plane A will fail than you can apply your plane B and safe from a big loss.